NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹115.73
-0.28%
NAV as on 09 May 25, 12:00 AM
high risk
fund of funds
fof
NAV as on 09 May 25, 12:00 AM
high risk
fund of funds
fof
9.32%p.a.
Last 1Y
12.74%p.a.
Last 3Y
17.67%p.a.
Last 5Y
12.28%p.a.
Since Inception
About ICICI Prudential Asset Allocator Fund(FOF) Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the ICICI Prudential Asset Allocator Fund(FOF) Growth scheme from ICICI Prudential Asset Management Company Limited. It is a Fund of Funds mutual fund scheme that predominantly invests in Fund of Funds stocks of companies. Launched on Dec 2003, ICICI Prudential Asset Allocator Fund(FOF) Growth is Fund of Funds fund of its category with 23,352.87 Cr fund under management as on May 2025. The expense ratio of this fund is less than that of most other Fund category Fund of Funds funds.
- ICICI Prudential Asset Allocator Fund(FOF) Growth delivered 9.3% annual returns during the last year. It has delivered 12.3% average annual returns since the fund was launched.
- ICICI Prudential Asset Allocator Fund(FOF) Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in fof
Fund Objective
The primary objective of the Scheme is to generate capital appreciation primarily from a portfolio of equity, debt, and gold schemes accessed through the diversified investment styles of underlying schemes. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Top 10 Holdings
ICICI Prudential All Seasons Bond Fund - Direct Plan - Growth
14.14%
ICICI Prudential Short Term Fund - Direct Plan - Growth Option
6.88%
ICICI Prudential Banking and Financial Services Fund - Direct - Growth
6.87%
ICICI Prudential Energy Opportunities Fund - Direct - Growth
5.73%
ICICI Prudential Technology Fund - Direct - Growth
5.62%
ICICI Prudential Infrastructure Fund - Direct Plan - Growth
5.44%
ICICI Prudential Gilt Fund - Direct Plan - Growth
4.75%
ICICI Prudential Focused Equity Fund - Direct - Growth
4.73%
ICICI Prudential Innovation Fund - Direct Plan - Growth
4.36%
ICICI Prudential Banking & PSU Debt Fund - Direct Plan - Growth
4.21%
Fund Managers
- Sankaran Naren (Sep 2018 - Present)
- Manish Banthia (Jun 2017 - Present)
- Ritesh Lunawat (Jun 2023 - Present)
- Dharmesh Kakkad (May 2018 - Present)
Key Information
View Scheme Document
ICICI Prudential Asset Allocator Fund(FOF) Growth SIP Calculator
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NRI Mutual Fund Tax on ICICI Prudential Asset Allocator Fund(FOF) Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in ICICI Prudential Asset Allocator Fund(FOF) Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in ICICI Prudential Asset Allocator Fund(FOF) Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
Similar Funds
Funds
3Y Return
ICICI Prudential Asset Allocator Fund(FOF) Rnvstmnt of Inc Dist cum Cap Wdrl
high risk | fof
0.0%
ICICI Prudential Passive Multi-Asset Fund of Funds Growth
high risk | equity
12.2%
ICICI Prudential Passive Multi-Asset Fund of Funds Reinvestment Inc Dist cum Cap Wdrl
high risk | equity
0.0%
Frequently Asked Questions
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